October Meeting - Vadxx

Vadxx recycles waste plastic and produces high value EcoFuels and petrochemicals (diesel, naphtha, etc.). The company has built the first continuous, commercial waste plastic to fuel facility in the nation in Akron, OH. Commissioning runs were successful in July 2016. There is enough waste plastic feedstock being disposed of in landfill at cost, just in the US, for 1500 Vadxx plants (each plant takes in 25,000 tons/yr plastic and produces 125,000 bbls/yr). Vadxx’s business plan is to achieve operating break-even of $20/bbl. This is a lower all in oil production cost than almost all traditional "drill bit and refining" fuel production. Assuming $50 long-term oil prices, the returns for future Vadxx units are expected to be exceptional. Vadxx provides far more economically attractive EcoFuel production with better environmental attributes than most traditional oil production. The Vadxx solution helps minimize a growing world concern of waste plastic polluting our oceans and waterways. The company is presently in discussions with large international Corporations and financial institutions to implement Vadxx waste plastic to EcoFuel units worldwide.

Reservations must be in by noon on Friday, Oct. 7 and can be made toGary Taylor at 330-419-4380 or akronspe1@gmail.comPlease be sure to include the company affiliation of each attendee including dietary restrictions.